The Serbian economy closed last year with a positive net result of 866.2 billion dinars. Over 112,000 companies, employing 1.3 million workers, submitted their final financial statements. The processing industry, mining, and construction sectors all reported gains.
According to the Business Registers Agency, Serbia’s economy has operated steadily for the past decade, with profits increasing by 49 percent during that period. Currently, there are 136,000 registered companies and 363,000 entrepreneurs—140,000 more legal entities than ten years ago.
Bojana Stojmenović, Acting Director of the Business Registers Agency, noted that all sectors and company sizes contributed to this positive outcome. Large corporations accounted for about half of the total profits, followed by small, medium, and micro companies.
Increased economic resilience to global shocks
The Serbian Chamber of Commerce highlights that the economy has become more resilient to global shocks, a fact confirmed by the International Monetary Fund and rating agencies. Despite challenges like the COVID-19 pandemic and stagnation in the European Union—Serbia’s main export market—the country has maintained macroeconomic stability and achieved relatively high growth rates.
Bojan Stanić from the Chamber explained that Serbia’s export structure has diversified and improved, boosting economic vitality.
Delta among the most profitable companies
Delta Group stands out as one of the most profitable companies last year, with revenues rising 13% and profits up 24% compared to 2023. Investments in real estate, agriculture, and manufacturing sectors—including water and meat processing—have driven growth. Delta Real Estate alone invested over €450 million in 2025.
Director Angelina Nekić emphasized that ongoing investments in production and construction are key to future growth.
Challenges and opportunities ahead
Due to crises in the European automotive industry and rising U.S. protectionism, Serbia needs to boost domestic investment. A positive sign is the unemployment rate, which remains under 9%.
The IT sector continues to grow at double-digit rates, with IT service exports to the U.S. market now exceeding goods exports.
Looking forward, small and micro businesses face challenges maintaining their roles in global supply chains amid shifting trade dynamics. Their success will be closely tied to Serbia’s planned high economic growth in the coming years.
